Aggregate leverage ratio is held stable at 41.0%, with its cost of debt down 20 bps q-on-q to 3.62%.
Analysts have turned more positive on Suntec REIT after its 3QYF2025 results came in above expectations, with distribution per unit up 12% yo-oy to 1.778 cents, due to a combination of stronger performance across its Singapore assets, lower financing costs, as well as a reversal of withholding tax provisions for its Australian assets.
The REIT was able to command a rental reversion of 8.5% and 8.6% respectively for its office and retail portfolios in Singapore.
